On the heels of a Dow Jones Industrial Average 121-point gain and a Nasdaq Composite Index 48-point loss, media, communications and utility companies take turns in the earnings spotlight today.

Scheduled to report is media outlet

Viacom

(VIA) - Get Report

. A diverse group of communications companies including telecom giant

AT&T

(T) - Get Report

, information technology company

Alltel

(AT) - Get Report

and broadcast company

Clear Channel Communications

(CCU) - Get Report

also call in results.

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In anticipation of a batch of earnings from the utility sector, the

Dow Jones Utility Average

lowered 0.7%. Component

American Electric Power

(AEP) - Get Report

, which reports today, stayed flat at $38.19.

Expected Earnings Reports

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full-week's earnings calendar is published separately.

Economic Data

(

Forecasts are from

Reuters

. Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

)

  • 7 a.m.: Mortgage Applications Survey for the week ended Friday. Source: Mortgage Bankers Association. Forecast: N/A. Previous: 498.6.
  • 9 a.m.: Treasury buyback announcement . Source: Bureau of the Public Debt. The Treasury announced the details of tomorrow's reverse auction.
  • 10 a.m.: Existing home sales for September. Source: National Association of Realtors. Forecast: 5.14M. Previous: 5.27M.
  • 1:30 p.m.: Treasury auction. Source: Bureau of the Public Debt. The Treasury announces the results of its monthly two-year note auction, at which $10 billion of securities will be sold, with bids due at 1 p.m.
  • 6:30 p.m.: Consumer Comfort Index for the week ended Saturday. Source: Money Magazine and ABC News. Forecast: N/A. Previous: 31.